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In this tutorial, Steve from ExcelDashboardTemplates.com demonstrates how to create a calculated field in a pivot table. He starts by encouraging viewers to visit his blog for more Excel tips and techniques. The focus is on setting up the calculated field to streamline data analysis. Using sales data from various salespeople, he shows how to access the contextual ribbons by clicking on the pivot table. Under the "PivotTable Tools Analyze" tab, he navigates to "Calculations," selects "Fields, Items, & Sets," and chooses "Calculated Field." Steve then names the field "Commission" and explains that it represents a 5% commission on sales.
